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#1 williamsonvending

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Posted 09 September 2007 - 09:13 AM

Hello,
im new to this i want to start a vending business soon. what should i need to get started?? i want to do the snack and drinks machine. i seen a drink and snack machine at sams club that looked nice.

how did yall get started??



HAVE GREAT DAY,
MIKE

#2 jblvending

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Posted 09 September 2007 - 10:19 AM

Hello,
im new to this i want to start a vending business soon. what should i need to get started?? i want to do the snack and drinks machine. i seen a drink and snack machine at sams club that looked nice.

how did yall get started??
HAVE GREAT DAY,
MIKE

What I recommend is that you work for a major vending company before going out and starting one.What people tend to see in vending is big money, but what goes alone with that is big debt,and much work.Consider this: the average machine cost $2500, now you can buy used, but typically used ones come with problems and no upgrades, so after updating them, and fixing any issues, you would have been better off buying new.Parts, better have them on hand, because if a machine goes down, so does your profits, and you better learn to repair, the cost to get someone to repair is very expensive.I see too many times people going into this business without really learning it, so go work for a major vending company, and if you like what your doing and you like what you see, then by all means, go for it.Good luck

#3 williamsonvending

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Posted 09 September 2007 - 12:57 PM

thanks for your help. i thought about getting a job with a vending company first then learn about it fixing machines and all that stuff.


thanks,
mike

#4 coinvestor

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Posted 09 September 2007 - 06:17 PM

thanks for your help. i thought about getting a job with a vending company first then learn about it fixing machines and all that stuff.
thanks,
mike



The only down side to this is that vending companies know people want to do this and will usually make you sign a nocompete contract or simular. Usually they resrict you from starting your own vending company for 2 years or so. Just make sure you read what you sign.

Jeremiah

#5 BVI

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Posted 09 September 2007 - 10:12 PM

What I recommend is that you work for a major vending company before going out and starting one.What people tend to see in vending is big money, but what goes alone with that is big debt,and much work.Consider this: the average machine cost $2500, now you can buy used, but typically used ones come with problems and no upgrades, so after updating them, and fixing any issues, you would have been better off buying new.Parts, better have them on hand, because if a machine goes down, so does your profits, and you better learn to repair, the cost to get someone to repair is very expensive.I see too many times people going into this business without really learning it, so go work for a major vending company, and if you like what your doing and you like what you see, then by all means, go for it.Good luck


All of that is so true. I'm sitting here laughing and shaking my head because I can relate to all of this. Even 3rd party machines can eat up your time when problems occur. It seems that everyone who does not know vending thinks we make the big bucks, and some of us do, but it's only because the ones making the big bucks have paid their dues and worked their tails off getting there.

JBL, excellent advice.

#6 williamsonvending

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Posted 10 September 2007 - 03:14 PM

thanks for the advice and help i have just learned alot in the few days i have been here already. i just want to do vending.


mike

#7 BVI

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Posted 10 September 2007 - 03:43 PM

The only down side to this is that vending companies know people want to do this and will usually make you sign a nocompete contract or simular. Usually they resrict you from starting your own vending company for 2 years or so. Just make sure you read what you sign.

Jeremiah


In my state, noncompetes are not enforeable. However, companies CAN try to bully you into compliance with the threat of going to court (ie: legal fees, court fees, etc...). You should check out your state laws on noncompetes before you waste much time looking for a vending job to get your experience from, just to play it safe.